According to CoinMeta, as reported by FirstSquawk, due to heightened concerns regarding the regulation of AI and a slowdown in data center investments, the U.S. stock market experienced a sharp sell-off. The Nasdaq 100 index tumbled 6.4%, with a market value evaporating by approximately $2.3 trillion, the S&P 500 index fell 4.4%, and the chip manufacturer index declined by 12%.